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Thermal Energy International Inc V.TMG

Alternate Symbol(s):  TMGEF

Thermal Energy International Inc. provides energy efficiency and emissions reduction solutions to the fortune 500 and other multinational companies. It operates primarily in North America and Europe but also sells its products and services through representative agents throughout the rest of the world. It markets, sells, engineers, fabricates, constructs, installs and supports two technology lines, such as heat recovery solutions, including direct contact heat recovery solutions (FLU-ACE), indirect contact heat recovery solutions (HEATSPONGE and SIDEKICK), and condensate return system solutions (GEMTM steam traps). It is also developing several other technology lines, including low temperature biomass drying systems (DRY-REX). Its solutions can recover up to 80% of energy lost in typical boiler plant and steam system operations. It has two primary operational bases of operation, one in Ottawa, Canada and the other in Bristol, United Kingdom, covering Europe and the rest of the world.


TSXV:TMG - Post by User

Comment by Mostlyseriouson Sep 19, 2024 10:21am
83 Views
Post# 36230872

RE:RE:My take on it

RE:RE:My take on it

At this rate he cannot deliver on Beacon's $35 million forecast.  I am sure that forecast was based on discussions with management.  In other words, Crossland likely told them that was not an unrealistically high target.  In other words, he will not deliver on his own targets.  In other words, not doing a good job.

Time to pull a few rabbits out of the hat sooner rather than later.  Time to show us why he thinks his sales people should not be hussling new clients for business.

Today's share price after issuing a press release where he is proud of his accomplishments just shows that his measure for success is not good enough for the markets. 

Hard truth.  

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